April 2014

  • Social Pensions: Greying with security and dignity

    By Sri Wening Handayani on Thursday, 24 April 2014

    Providing a decent, secure and dignified way of life for the elderly is set to become one of the most pressing concerns facing policymakers in Asia in coming years.

  • Lifting Asia out of poverty needs to be done equally

    By Juzhong Zhuang on Tuesday, 22 April 2014

    Developing Asia’s impressive growth continues but faces a new challenge — inequality is on the rise. Over the last few decades, the region has lifted people out of poverty at an unprecedented rate. But more recent experience contrasts with the ‘growth with equity’ story that characterised the newly industrialised economies’ transformation in the 1960s and 1970s.

  • Central Asian integration: doomed vision or promising future?

    By on Tuesday, 15 April 2014

    Central Asia has for centuries been seen as a neglected Russian “backyard,” but international interest in the region has increased over the last two decades because of its vast stores of energy and natural resources. To achieve a brighter future the region must pursue greater economic integration.

  • Sukuk: A key to building Asia’s critical infrastructure

    By Thiam Hee Ng on Thursday, 10 April 2014

    The global market for sukuk – or Islamic debt securities – has soared from a tiny US$15 billion in 2001 to US$281 billion in 2013. Helping issuers tap the large pool of funds seeking shari’ah-compliant investments would help lower the cost of financing infrastructure, while the innovative profit-sharing structures of some sukuk could also lower the risk of financing such projects.

  • Green cities: changing the culture of waste

    By on Tuesday, 08 April 2014

    Asia’s drive to urbanize is taking an increasing toll on the environment with growing mountains of solid waste as city dwellers consume and discard resources at an ever increasing rate.   If “green” cities are to be the answer to these environmental stresses then they will need to develop much more effective programs to reduce, reuse, recycle and recover waste.

  • Emerging Asia should brace for higher global interest rates

    By Cyn-Young Park on Thursday, 03 April 2014

    The US Fed has been winding down its bond purchase program, widely known as “quantitative easing,” since December 2013. The program was introduced in the wake of the 2008 global financial crisis to fight the recession and foster a rapid economic recovery. With the improvement in the US economy, the Fed suggested at its policy meeting in March that the program may end this coming fall and it may start raising interest rates about six months from then.